2339 Park AveEastonPA18045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Easton at 2339 Park Ave, Easton, PA, 18045 generates $3,179/mo in rent and, after a $1,835/mo payment, leaves $722/mo in cash flow. Total monthly income is $3,179/mo, and annual cash flow is $8,665/yr on $124,313 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 10.17% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 140.73% and total cumulative return in cash sums $174,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,179/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marta C. Gandia • BetterHomes&GardensRE/Cassidon
Mls Name: GLVR
Mls ID: #763621